Heterodox
– by New Deal democrat The snooze-a-thon in jobless claims continues, as both initial and continuing claims are well-behaved within the narrow range where they have been generally for the past six months. Initial claims were unchanged least week at 208,000, while the four week moving average declilned -3,500 to 210,00. With the usual one week delay, continuing claims were unchanged at 1.774 million, which is tied for the lowest level in...
Read More »The snooze-a-than in jobless claims continues; what I am looking for in tomorrow’s jobs report
